HomeContributorsTechnical AnalysisUSD/TRY The Bias Remains Bullish

USD/TRY The Bias Remains Bullish

Pivot (invalidation): 5.5880

Our preference Long positions above 5.5880 with targets at 5.6230 & 5.6450 in extension.

Alternative scenario Below 5.5880 look for further downside with 5.5610 & 5.5120 as targets.

Comment The RSI lacks downward momentum.

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